Serco wins $247m US Army
contract
15 January 2025
Serco, the international provider of
critical government services, has been awarded a new contract to
support soldier readiness and performance within the US Army's
Holistic Health and Fitness (H2F) System. The contract starts
immediately and has an eight-month base period plus four one-year
option periods. The estimated total value is $247 million
(£203 million) if all options are exercised.
Serco and its contract partners will
support the US Army's initiative to enhance soldier readiness,
support optimal physical and non-physical performance,
significantly reduce injury rates, and streamline rehabilitation
post-injury. Serco will provide training support to 45 US
Army brigades at 15 locations across the United
States.
Serco supports the entire career
lifecycle of military personnel. Our broad range of
capabilities include recruitment, onboarding, training,
development, health services, assistance transitioning back into
civilian life and veteran support programmes.
This new contract follows three
other recently announced US defence contract wins:
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A $193 million contract rebid to
deliver transition to civilian life career training and counselling
services on behalf of the Department of Labor Veterans' Employment
and Training Services Transition Assistance Program. The
contract has a 1-year base period plus four 12-month option
periods.
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A $97 million new five-year contract to provide
programme management and business performance improvement support
to Naval Sea Systems Command (NAVSEA).
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A $33 million contract rebid to provide
psychological health outreach support for the US Navy Bureau of
Medicine and Surgery. The contract has a 9-month base period
and four one-year option periods.
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Mark Irwin, Group Chief Executive of
Serco, said:
"Serco has a long, distinguished
history of supporting the armed forces around the world and this
win builds on our existing strength in the defence sector. We
have a strong pipeline of further opportunities in the sector,
which is now our largest sector globally.
"We are proud to support the US
Army's efforts to revolutionise how they empower and equip soldiers
to take charge of their health, fitness and wellbeing. This
contract reflects our ability to support members of the Armed
Forces at every stage of their career in the military, from helping
governments recruit the right personnel to providing training,
development, and health support during their period of service,
through to supporting them in their transition as they leave the
military and re-enter civilian life.
"We will continue to use our broad
set of capabilities, skills and expertise to impact a better future
for customers, communities and countries."
Ends.
For further
information, please contact:
Paul Checketts, Head of Investor Relations |
+44 (0) 7718 195 074 |
paul.checketts@serco.com
Scot Marchbank, Group Communications and
Marketing Director | +44 (0) 7958 675 706 |
scot.marchbank@serco.com
About Serco
Serco brings together the right
people, the right technology and the right partners to create
innovative solutions that make a positive impact and address some
of the most urgent and complex challenges facing the modern
world.
With a primary focus on serving
governments globally, Serco's services are powered by more than
50,000 people working across defence, space, migration, justice,
healthcare, mobility and customer services.
Serco's core capabilities include
service design and advisory, resourcing, complex programme
management, systems integration, case management, engineering, and
asset & facilities management.
Underpinned by Serco's unique
operating model, Serco drives innovation and supports customers
from service discovery through to delivery.
More information can be found
at
www.serco.com
LEI: 549300PT2CIHYN5GWJ21
